The High Stakes Listing That Could Define XRP's Future The Securities and Exchange Commission has approved Evernoth Holdings' plan to list on the Nasdaq through a merger with Armada, a special purpose acquisition company.
This clears the way for a shareholder vote by September 30, which could result in a combined firm trading under the ticker "XRPN" and marking the world's largest publicly traded XRP treasury.
The listing is part of a broader trend of digital asset treasuries (DATs) gaining mainstream acceptance.